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Discuss the 2-tier shariah governance structure for Islamic financial institutions in Malaysia. (5 marks) State the functions of Malaysian Law Harmonising Committee and how they

Discuss the 2-tier shariah governance structure for Islamic financial institutions in Malaysia. (5 marks)

State the functions of Malaysian Law Harmonising Committee and how they work in harmonising Common Law with shariah principles and practices. (5 marks)

Discuss the legalities of bay' al-inah according to Shariah Advisory Council of Bank Negara Malaysia. (5 marks)

Briefly discuss two (2) main types of musharakah (partnership) and its examples. (5 marks)

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